Northern 2 VCT PLC is a United Kingdom-based venture capital trust (VCT). The Companyâs objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth, by investing primarily in unquoted United Kingdom manufacturing, service and technology businesses which meet the managerâs key criteria of good growth potential, strong management and ability to generate cash in the medium to long term. It also invests its remaining assets in a portfolio of equity investments, quoted investment funds and bank deposits. Its investment policy has been designed to enable the Company to achieve its objective whilst complying with the qualifying conditions set out in the VCT rules, as amended by Her Majesty's (HM) Government from time to time. It invests across various sectors, including software/electronics, consumer, industrial/manufacturing, services, and healthcare/biotechnology. Its investment manager is Mercia Fund Management Limited.
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